Today's Cryptocurrency Prices by Market Cap
Coins HD ranks and scores coins based on marketcap, trading volumes, and price.
# | Name | Price | Changes 24H | Changes 7D | Changes 30D | High 24H | Low 24H | Market Cap | Volume 24H | Price Graph (7D) |
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South Korea’s Bitcoin Kimchi Premium Drops: What Does it Mean for BTC?
The Bitcoin kimchi premium in South Korea has plummeted significantly amid a broader market decline, signifying weakened enthusiasm among digital asset investors in the country. According to data from CryptoQuant,…
Cardano (ADA) Price Predicted to Explode by 1,500%: A Plausible Target or a Ridiculous Forecast?
TL;DR Analysts predict that Cardano’s ADA, currently priced at around $0.46, could replicate its 2021 surge, with an optimistic target set at $7.80. Additional bullish forecasts suggest the asset might…
Slothana Rises 30% Leaving Presale Investors 70% Up – Could Sealana be the Next Meme Coin ICO to Explode?
The meme coin space is experiencing a strong end to the week after Slothana (SLOTH) rocketed over 30%. Presale investors are now up around 70% since the token’s DEX debut….
AI Coins Pumping: Turbo, The Graph, WienerAI Among Top Gainers
Crypto traders can’t get enough of AI coins lately. Several tokens focused on artificial intelligence have been pumping hard this week, with price movements that have turned heads. From indexing…
Transparency at Its Peak: Bybit Releases Full Proof-of-Reserves, Reinforcing Market Trust
[PRESS RELEASE – Dubai, United Arab Emirates, May 10th, 2024] Bybit, one of the world’s top three crypto exchanges by volume, has once again underscored its dedication to transparency and…
Is DogWifHat Dead? Crypto Expert Tweets $1 Price Target, New Meme Coin WienerAI Raises $1.4 Million
Last updated: May 10, 2024 08:45 EDT | 2 min read One influential trader believes DogWifHat will crash soon. A top crypto influencer on X believes the popular Solana meme…
Robert Kiyosaki Says Dollar Decline is Imminent, Advocates BTC, ETH Investments
Last updated: May 10, 2024 05:04 EDT | 1 min read Rich Dad Poor Dad author and renowned investor Robert Kiyosaki believes that the US dollar is losing value and…
Azuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction Markets
[PRESS RELEASE – Lisbon, Portugal, May 9th, 2024] Azuro, the leading liquidity layer for onchain predictions, and Chiliz, the world’s premier sports and entertainment blockchain, are partnering up to accelerate…
SimpleSwap Exchange Marks Six Years of Evolution in the Cryptocurrency Sector
[PRESS RELEASE – George Town, Cayman Islands, May 9th, 2024] Since its creation in 2018, SimpleSwap has been committed to providing its customers with straightforward, swift, and secure cryptocurrency exchange…
Banxa Adds Tokenized Real Estate Platform Blocksquare’s BST Token to Fiat Checkout
[PRESS RELEASE – Ljubljana, Slovenia, May 9th, 2024] Blocksquare, a tokenization infrastructure provider for real estate, is delighted to announce that its native token BST has been added to the…
What is Crypto Market Cap?
Cryptocurrency market capitalization, often referred to as “crypto market cap,” represents the combined worth of all issued coins for a specific cryptocurrency. It’s a pivotal metric used to gauge the relative size of a cryptocurrency in the market. A cryptocurrency’s market cap is derived by multiplying its current price with the total number of its coins that have been mined or are currently in circulation. For example, to determine Ethereum’s market cap, simply multiply its current price by the total circulating Ethereum coins. A higher market cap indicates a more significant market presence and influence of that particular cryptocurrency.
How to compare Cryptocurrencies Market Cap?
Cryptocurrencies, based on their market capitalization, can be segmented into three primary tiers:
Large-cap Cryptocurrencies: Valued at over $10 billion, these are the giants of the crypto world. Examples include Bitcoin and Ethereum. These coins are characterized by their established presence, widespread adoption, and a robust ecosystem. They often have a strong community of developers who not only maintain and refine the existing protocol but also innovate by building new projects atop these platforms.
Mid-cap Cryptocurrencies: These fall between $1 billion and $10 billion in market cap. They might not be as established as the large-cap coins but have shown potential for growth and have garnered a significant amount of attention and investment. Their ecosystems are growing, and they often represent newer technologies or unique value propositions in the crypto space.
Small-cap Cryptocurrencies: Valued at less than $1 billion, these are the emerging players. While they offer high-reward potential due to their lower valuation, they also come with increased risks. Their ecosystems might still be in the nascent stages, and they could be more susceptible to market volatility.
When comparing cryptocurrencies using market cap, it provides a straightforward way to gauge their relative sizes and standings. However, it’s crucial to approach this metric with caution. Some cryptocurrencies might exhibit inflated market caps due to aggressive price movements or the structure of their token supply. Therefore, while market cap serves as a useful reference point, it’s essential to complement it with other indicators like trading volume, liquidity, the fully diluted valuation, and a thorough analysis of the project’s fundamentals. This holistic approach ensures a more informed and balanced perspective when evaluating cryptocurrencies.